New story from Birmingham Post published by Mortimer Goth July 31, 2009
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Vote to approve remuneration package for West Bromwich Building Society's former chief executive
Angry members of West Bromwich Building Society voted in their thousands against the pay and perks of the mutual’s directors.
Figures released following the society’s stormy annual meeting on Wednesday show that 6,215 members voted not to approve the directors’ remuneration report which revealed a £520,600 pay-off to former chief executive Stephen Karle who quit suddenly last October. More: http://tinyurl.com/compensation49